Penny stock list for August 4, 2008.
Penny Stocks – FVRL GCOG GRDB GSPG HTOG IFLI IRBL MGI NCC PFB PMI PTSC PTSH QMNM RAD RDN TMA UPDV VCSY XJT
Stocks – ABK AMD AMR CDE CPSL CPST ESLR ETFC F FMNTQ FRPT IDEV IVAN NCC ROYL SIRI SONS WM
Attention to these penny stocks:
FVRL – It’s trading sideways, nothing more to say, it’s a hold.
GRDB – Still trying to break the RSI30 line, it will break this line at any moment, hold.
GSPG – It’s trading sideways, the stock is very strong, it will not fall from here, hold.
HTOG – It’s ready to break the MA50, in the next couple of days, it will close above the MA50, hold.
IFLI – It made resistance at .035 because of the previous support at .037 last April, however, I think that it will break this mark soon, hold.
IRBL – Great fiasco, I hope for a spike to .0014 – .0015 to sell.
PTSH – I expect a breakout at any time now, hold.
QMNM – Great reaction, but, stopped precisely at the .017 resistance, I want to see the stock trading above this mark, hold.
TMA – Increased the volume, made a higher high, but also a lower low, this candle means that thze sell pressure is still slightly stronger than the buy pressure, we should see a reaction to the up side today, but, not a big run, still a hold.
UPDV – It supported above .0049 and looks like it’s waiting for HTOG, if HTOG breaks the MA50, UPDV will follow and run again, hold.
Happy trading
Dr PennyStock
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August 4th, 2008
Dr PennyStock
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Hey Doc,
I didn’t double up on FVRL, I should have. I missed the nice little move today because I bought ELN instead.
I also own a small stake in TMA and I’m looking for it to fall below $.20. How do you see TMA moving after today’s action?
chris
I didn’t like TMA yesterday’s action and I think that it will fall further, the support is at .19, it’s possible to fall to that mark.